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New boundaries for digital markets? European Commission updates guidance on market definition On 8 February 2024, the European Commission unveiled updated guidance on its approach to defining markets when enforcing EU competition rules. According to the Commission, the revisions are intended to reflect new market realities, “in particular the...
ICO to continue issuing warnings on cookie compliance Last week the ICO announced it had received an ‘overwhelmingly positive response’ to the warnings it issued last November to 53 of the UK’s top 100 websites, telling them to improve their cookie practices (see our blog). The warnings resulted in 72% of...
Fake reviews and ‘hidden’ online fees to be banned under new digital markets and consumer protection rules In a bid to better protect consumers from deceptive practices in the digital economy, the UK Department for Business and Trade announced on 24 January that it is set to introduce stringent measures targeting fake reviews, hidden fees and unclear pricing...
New AI rules on the horizon for GenAI? UK Government response to AI white paper The Westminster government confirmed this week that the UK “is on course for more agile AI regulation.” We’ve known for some time that it is not looking to the follow the EU in proposing a dedicated AI Act, but now have confirmation (in the form of the...
Watch out! Court of Appeal confirms Samsung liable for trade mark infringing watch face apps The Court of Appeal has upheld the High Court’s decision finding Samsung liable for trade mark infringement as a primary tortfeasor where consumers had downloaded third party digital watch face apps from the Samsung Galaxy App store for use on Samsung’s...
Changes in Cyber Governance When I was a child, if you had asked me about cyber, I would have thought you were talking about the classic film of ET rather than anything to do with my rather snazzy sinclair spectrum (anyone else remember those….?). Things have come a long way since...
Quantum Security for the Financial Sector: FCA and World Economic Forum publish a collaborative report The risks and rewards posed by quantum computing have been on our mind for some time now, and last week the World Economic Form and the FCA catapulted this topic back into the headlines with a collaborative report on quantum security for the financial...
GCHQ warns that AI will increase the global cyber threat The UK’s national cyber security centre (NCSC), part of GCHQ, has warned that AI will likely increase the global ransomware threat over the next two years, and that organisations need to implement protective measures to combat this growing threat....
A Dicey decision – or not really a tax case at all? The spectre of Albert Venn Dicey, the greatest of Victorian constitutionalists, looms large at the feast. In Skatteforvaltningen v Solo Capital Partners, the UK Supreme Court held that the Danish revenue authority (SKAT) was not precluded by reason of...
BRRD: French regulator ACPR publishes guidance on the operational implementation of the bail-in tool Considered the preferred resolution strategy by several banking groups, the bail-in instrument is often presented as the most effective method of maintaining banks’ critical functions and containing systemic risk. While it has been a regulated tool since...